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Topic: Holding and taking profits - page 8. (Read 1636 times)

legendary
Activity: 2492
Merit: 1145
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June 22, 2021, 02:36:13 PM
#34
It's really hard to justify that holders are gaining more than those who trade. It will be a case-to-case basis depending on the current situation and when do the trader and hodler started his earning. There are hodlers from 2017 who waited for years to grow their hodlings and there are traders from 2017 who continued trading from then up to now. If the trader is good and consistent, I'm sure that over the years of trading, he earned more profit than the hodler today. But if the trader is bad, Hodler surely won the most profit.

It's hard to scale the time and effort of the trader vs the sleeping asset of the hodler.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
June 22, 2021, 02:18:14 PM
#33
For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed.
You are right. The current bear market is just part of this crypto space and we may need to face it regardless of how long this current situation will be persisting. From the experience what I have learned from previous cycles of bitcoin market, I do believe we will be getting into strong bullish trend in very near future like within 1 or 2 months hence nothing is there need to worry about right now.

In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin
Exiting right now and then buying back when more dips will be happening must be a good idea but when you cannot be sure about how market will be trading in coming days, I believe it will be always good to go continuing your holding rather than selling right now.
member
Activity: 759
Merit: 15
June 22, 2021, 02:05:06 PM
#32
I do not know at the moment the market is really very unstable if we invest in shitcoin and want to make a hold strategy it may be that in the future these will no longer be worth anything, in my opinion it is convenient to either change everything in stablecoin or invest only in coins from the promising future as btc, eth, bnb, matic even if perhaps it is better to do nothing, do not invest at least until the market trend has stabilized
sr. member
Activity: 1610
Merit: 264
June 22, 2021, 02:01:21 PM
#31
If a certain investor or hodler uses the hodl strategy and bought coins with all of his/er assets, the hodling strategy puts him/er at risk making it needed to be traded actively so that losses could be monitored, though we have stop-loss for that kind scenario but you should get the idea that not everyone suits for hodling strategy.
jr. member
Activity: 56
Merit: 13
June 22, 2021, 01:53:46 PM
#30
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!


It all depends on the timeframe. Traders usually outperform hodlers (investors) in the short to medium term. But the longer the trade the more your likely to mess up, so for this reason hodlers usually out perform traders in the long term.
hero member
Activity: 1498
Merit: 502
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June 22, 2021, 01:21:18 PM
#29
This is right to hodl but I think we can get good profit by buying in dip and selling in some profit. Because no one can understand this market condition. if today BTC is at 31k$. Maybe tomorrow BTC will at 40k$ or 25$. So hodl is very good but short term investment can be good in this market condition.
sr. member
Activity: 1610
Merit: 294
www.licx.io
June 22, 2021, 11:18:03 AM
#28
It depends how your trading style is. there are people who can withstand up to more than 5 years, but some have good knowledge in analysis. usually they are good at making the most of the moment. This is perfect for trades that profit for a certain period of time.
That's right, and it's usually better to analyze short trades, because that kind of person doesn't aim for a lot of profit in one day and never even holds coins for a long time, and this kind of person is usually far from greedy.
full member
Activity: 994
Merit: 117
June 22, 2021, 11:12:20 AM
#27
Whatever choice you made at that time, rest assured it was the best you could do. however we basically don't know what will happen in the future, either hoding or taking advantage both have different perceptions.
What is clear is that you never regret decisions that have been made in the past, and make it a reminder so that it does not happen again in the future.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
June 22, 2021, 11:01:46 AM
#26
Most times greed comes in even after setting a profit target most investors would still wait for more profits and end up lossing out on everything. It's always adviced to take profit at every stage then wait to buy more of the dip that way you make more and more profits. You can't expect to wait patiently for a coin to appreciate just to get profits that wouldn't amount to anything. Once the profit looks attractive take from it and wait patiently for a dip so you can buy more
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
June 22, 2021, 10:53:26 AM
#25
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
Isn't that obvious? Only holders are the real winners here. Those with weak hands always tends to sell at a loss. People that were holding when the price reached a new ATH aren't greedy. They actually had a profit goal, hence they didn't sell and are still holding. They won't sell unless their goal has been reached. Strong hands. Those who sold are the ones that sold due to greed (and fear). And you are correct. People that are right now being very patient are the ones that "won't" be regretting in the future.
legendary
Activity: 2520
Merit: 1496
June 22, 2021, 10:51:15 AM
#24
The current crash it's really aggressive, I feel it will keep going down, but I'm not sure how deep will be the flor this time.

Frankly, todays crash was both aggressive and strange. I saw 29900 USD price for not just several minutes, but an hour it was minimum like that. Few hours has passed and we observe +31.6k. As it was not just a crash, but a planned action to throw out some weak holders.

I would advice everyone to hold. Several hours situation showed that the crash was temporary, and we will see more of same situation. But if you see that the price is going down and you start to think of selling - then you have already lost, because by the time you transfer and sell, the price would either go even lower (worse scenario) or recover (better, but still a person will lose on a transaction fee).
sr. member
Activity: 1050
Merit: 286
June 22, 2021, 10:48:11 AM
#23
With regards to winning through holding, it is not really based on the person's ability to wait alone, the coin that you will be investing to will be the one that decides your fate. Those smart and eager holders from before surely took lots of profit from the bull run that happened last year. Those who didn't wait and lost their hope on bitcoin are guaranteed to regret even up until the future as they recall the chance where they should have been very rich with ease if only they chose to keep on holding on regardless of the situation.
legendary
Activity: 3346
Merit: 3130
June 22, 2021, 10:44:38 AM
#22
You can do holding and wait for the markets to recover their loss but sometimes this process takes a long time, I remember when BTC went up to $20,000 for the first time, after that people had to wait a couple of years to see it at that price again. So, if you are ready to become a holder for a long period then do it, but patience must be on your side buddy.

The current crash it's really aggressive, I feel it will keep going down, but I'm not sure how deep will be the flor this time.
full member
Activity: 953
Merit: 105
June 22, 2021, 10:32:12 AM
#21
If you failed to sell at a better price, a bear could also be positive time if you can afford to invest more and decrease your overall average. It's not as exciting as selling high, but is a good strategy if you think the market is going to stabilize or go for a bull soon. Putting your coins on grid bot you automate most things for you but that too may not be always applicable.
legendary
Activity: 1610
Merit: 1003
June 22, 2021, 10:22:31 AM
#20
For someone who is thinking and being that crypto is the only source of income can't follow the holding strategy that is why they do trading and mostly aims for short term profits, while they can invest their profits into some other things to get passive income and reduce the risk factor but you know most people never do that so they fall and trapped into a situation into debt.
my friend doing short trading, and its fucking promised. everyday he get clear profit from day trading which is, its a big number for us. and he always standby in the front of monitor.
bounty, a oart of them, is trading, play short term. and when he face that the price still low, and always dumb, he will take a last option, holding.
copper member
Activity: 2940
Merit: 1280
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June 22, 2021, 10:20:47 AM
#19
Where is the expertise on this? I don't think you need to be an expert to be profitable or getting greedy. It's just a missed opportunity, and you need to look at the bright side and see if you have done the right things for the market right now. Everyone now smells fear and doesn't want to buy in because of the current situation. The fear that everyone feels is real, but those who are rational and feel like they know what they are doing are the ones who win with the profit situation.

Back to the point of the topic. This is probably one of the dilemmas that traders and hodlers face every day, but those who know when to hedge and when to hodl are the real winners.

Then let's get some facts. Most investments and assets grow in time, and that's especially true towards stocks and assets. It's just that we are focusing on the short-term and forget what the long-term is holding for us. I think this is the case in the long run. We will always reach higher highs, and we should be aware of when it's happening.

For me, it's better to be both and take advantage of the market. (not financial advice lol)
sr. member
Activity: 854
Merit: 252
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June 22, 2021, 10:16:44 AM
#18
the proverb here is that when you say holders are winners, it really depends on where we open positions and dare to hold the coins you buy.
we have to be smart in reading the existing charts so it's true that if you become a hodler with a certain target and time you win.
But most of today's hodlers are because they made the wrong decision and bought at the right price, because the hodlers who complain about the current decline are such an example. they buy at a price that is too high so that when it falls they can't help but hold it and if for example they want to target a bigger profit they have to wait for their assets to return to normal and hold again until they get a profit Smiley
sr. member
Activity: 1008
Merit: 308
June 22, 2021, 10:12:25 AM
#17
In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!

when that time ? , well of course i also think like that , but how to know, we can't always know the dip , "oh shit , i sell in the wrong time , the price can go even higher soon, i must join back" , a few hours later " why i do that, the price just fallen 40% in the last 4 hours" , that crypto market , that why mostly the crypto trader quit within a year.

bro, you can't see the future so stop regretting it I know you may lose a lot during a downturn in the market at that time, but there will definitely be a way to recover, so keep going and learning from mistakes make yourself better.

Yeah that's true that we can't see the future clearly, what we can do just making predictions based on various probabilities on the market.
Somehow I don't think he was regretting something, IMO he just elaborates that "the right time" sentence on the OP post was too ambiguous, whether it will be on 200%? 500% or even 1000% ROI? On top of that, it isn't an easy task to be applied in the real situation
full member
Activity: 1498
Merit: 146
June 22, 2021, 10:08:26 AM
#16
For someone who is thinking and being that crypto is the only source of income can't follow the holding strategy that is why they do trading and mostly aims for short term profits, while they can invest their profits into some other things to get passive income and reduce the risk factor but you know most people never do that so they fall and trapped into a situation into debt.
fvb
member
Activity: 1470
Merit: 13
June 22, 2021, 10:00:53 AM
#15
For me personally, as time has shown, it is better to keep coins. Because good projects show good growth anyway. By selling tokens, I received a low profit than holding them. If only by exchanging tokens, for example, for ETH, you can achieve good results. In any case, my opinion is to wait. I am not a financial advisor, much less give financial advice. This is the usual personal opinion of a person.
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